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+15309254439
West Coast Real Estate
1501 Sage Road, Medford, OR 97501
- $1,350,000
- Sold Price
- $1,350,000
- List Price
- $1,875,000
- Status
- CLOSED
- Days on Market
- 341
- Closing Date
- Oct 31, 2025
- MLS#
- 220191507
- Subtype
- Commercial Sale
- Year Built
- 1996
- Lot Size
- 41,817
- Acres
- 0.96
Property Description
PRICE REDUCED, Motivated Seller. 9+% CAP RATE Here is a fantastic cashflow opportunity for an investor or an owner occupant. This property consists of is 3 separate FULLY LEASED steel buildings on 1 tax lot totaling 15,000 SQFT gross rentable area on a .96 Ac lot zoned IG (General Industrial). 1501 A/B/C is currently leased as a recently remodeled restaurant, 1503 is a freestanding building and 1505 A/B/C/D is fully leased. Gross rents are $17,950. Seller is open to creative financing options. Recent updates include HVAC throughout all 3 buildings, remodeled restaurant and fire suppression system in BLDG 1503. *Businesses are NOT for sale, Real Estate Only*
Additional Information
- Taxes
- $19,981
- Zoning
- I-G
- Flooring
- Concrete, Carpet, Tile, Vinyl
- Heating
- Ductless, Electric, Forced Air, Natural Gas, Wall Furnace
- Air Conditioning
- Central Air, Ductless
- Stories
- Multi/Split, One
- Levels
- Multi/Split, One
- Roof
- Membrane, Rubber
- Foundation
- Block, Concrete Perimeter, Slab, Stemwall
- Parking Features
- Parking Lot, Asphalt, Concrete, Gated, Shared Driveway
- View
- Territorial
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Listing courtesy of eXp Realty, LLC. Selling Office: .
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